Announcement
Evernorth completes SPAC merger with Armada II, bringing XRP to public markets
The Block reports the merger brought approximately 473 million XRP and $300 million in gross cash proceeds into public markets.
TLDR
The Block reported on October 9 that Evernorth completed its SPAC merger with Armada II, bringing approximately 473 million XRP and $300 million in gross cash proceeds into public markets. The XRP treasury company expected to begin trading on Nasdaq under XRPN on Monday, October 12.
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